Background and Decision All eyes were on the Federal Reserve this month as the markets intently anticipated their next move. The markets were spooked by the bank run on Silicon Valley Bank and this triggered a sell-off of smaller, regional banks in America. Amidst all this, in Europe, Credit Suisse…
What is a Multi-asset strategy? Multi-asset strategy broadly refers to the use of many asset classes to diversify risk in a portfolio. Most multi-asset products contain a mix of Equity, Debt and Gold, though there are slightly more complicated products in the market that add assets like real estate to…
PSUs always offer value since the markets discount the fact that Government ownership makes it hard to be nimble at decision making, especially with all the bureaucratic processes. However, a couple of PSU companies maintain a monopoly or duopoly in their industry with high entry barriers. Coal India, Power Grid…
In this blog, we will be talking about silver as an investment option. Uses of Silver First, let’s understand how and where silver is used. Silver is considered both a precious metal and an industrial metal. Silver is used in jewellery, bullion coins, high-value tableware and utensils. Its compounds are…
In 2021, the Nifty 50 is up nearly 20% and has doubled from March 2020. The RBI has continued with its accommodative stance while maintaining the repo rate at 4%. Real GDP for the 2nd quarter expanded by 8.40% YoY and for Q1FY22 expanded 20.1%. All constituents of aggregate demand…
2021 continued the strong trend set by 2020. The S&P 500 is up nearly 27% from the beginning of the year and has more than doubled since the lows of March 2020. The federal reserve continued its accommodative stance till November 2021. Liquidity has been injected into the markets via…
Here is the transcript if you would like to read instead: Introduction You’re listening to Redux. Redux is a biweekly podcast show by ACE, where we talk about how history has played a huge part in our current investing world. On it, you will be able to gain an understanding…
Evergrande Evergrande’s default has been the talk of the town for the past few days. The situation has sparked fears of a major crisis which is feared to be as intense as the 2008 US housing crisis and the 2018 IL&FS crisis (for Indian context). In this blog, we explore…
We have seen a slew of IPOs this year as the markets recover from the covid shock. An IPO or Initial Public Offering is the process through which a private company offers its shares to institutional and retail investors. For well-anticipated IPOs, there is a lot of noise around the…
Transcript for the podcast if you would like to read instead Harshil: On this episode I sit down with the Fund managers of VRDDHI, Rohit and Rajat. Rohit and Rajat have around a decade of investing experience having worked with companies such as McKinsey & Co, Elevation Capital (previously SAIF…
Cyclical Assets Commodities are cyclical assets. Their performance is very closely linked to the health of the economy. They tend to do very well in economic expansions but tend to underperform during slowdowns and recessions. One should be very cautious about their position in these assets. Generally, the down cycle…
Here is the transcript if you would like to read instead: Harshil: As the ultimate store of value gold has performed well during the past 15 months, hitting a new high of nearly 2000$/oz. On this episode I sit down with the founder and ideator of ithought, Shyam Sekhar. Shyam…
